Question: Using the following data estimate the variable cost per unit using the High/Low Method: Month Production Cost January 2,000 $20,000 February 2,500 $21,000 March 3,000

Using the following data estimate the variable cost per unit using the High/Low Method: Month Production Cost January 2,000 $20,000 February 2,500 $21,000 March 3,000 $23,000 April 1,900 $18,500 $4 $3.70 $4.20 $4.166

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